Strategy (MSTR) Stock: TD Cowen Lowers Price Target to $440 on Yield Concerns

TLDR TD Cowen reduced Strategy’s price target to $440 from $500 due to declining bitcoin yield projections Strategy acquired 13,627 bitcoins for $1.25 billion last week, boosting total holdings to 687,410 bitcoins Stock climbed 5.6% as bitcoin crossed $95,000, but shares remain 62% below July 2024 peak Analysts project bitcoin yield will fall to 7.1% [...]

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